NIBE Ltd, a Pune-based defence and EV components manufacturer, reported its Q2FY26 results on December 24, 2025, revealing a 46% QoQ revenue drop to ₹73.4 crore and a 193% PAT decline to -₹8.44 crore. Amid this, the company announced the exit of its CFO, signaling potential internal restructuring to address EV segment challenges while pivoting toward defence contracts like BrahMos integrations.